Business: First Call

By law the U. S. Comptroller of the
Currency is required to call for reports on the condition of all
national banks at least three times a year. Until 1931, when every call
became a banking nightmare, the Comptroller's call went out regularly
at the end of each quarter. Last year no call was issued until
June 30. Last week Comptroller James Francis Thaddeus O'Connor in the
first call of the year asked for reports as of March 5. Since most
banks might wish to furnish statements for the same day twelve months...